4053.6000 -5.20 (-0.13%)
NSE Dec 24, 2025 15:31 PM
Volume: 1.0M
 

4053.60
-0.13%

Larsen

JM Financial
Our conversations with the L&T; Technology Services' (LTTS) management indicate ramp-up in the recent deal wins are on track and deal pipeline is healthy. It hasn't seen any impact so far of the on-going global trade conflicts on the clients' R&D; spend and has been getting billingrate hikes selectively in contract renewals. This should help offset the margin impact of annual wage revision in 2QFY19; a 2% QTD INR depreciation is an additional lever. We believe our current 21% FY19 USD revenue growth forecast should be achievable and there...
Larsen & Toubro Ltd. has an average target of 4588.50 from 8 brokers.
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